iShares Core S&P 500 ETF (NYSEARCA:IVV) is Wealth Alliance’s 2nd Largest Position

Wealth Alliance reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% in the fourth quarter, HoldingsChannel reports. The firm owned 96,580 shares of the company’s stock after selling 834 shares during the period. iShares Core S&P 500 ETF makes up approximately 6.8% of Wealth Alliance’s investment portfolio, making the stock its 2nd largest position. Wealth Alliance’s holdings in iShares Core S&P 500 ETF were worth $56,855,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 11.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after purchasing an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $5,813,061,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock worth $3,610,681,000 after purchasing an additional 89,032 shares during the last quarter. Finally, Alberta Investment Management Corp lifted its stake in shares of iShares Core S&P 500 ETF by 121.2% during the 4th quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after purchasing an additional 3,101,389 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $613.46 on Friday. The business has a fifty day moving average price of $601.22 and a 200 day moving average price of $584.94. iShares Core S&P 500 ETF has a 1-year low of $495.94 and a 1-year high of $616.22. The stock has a market capitalization of $529.35 billion, a P/E ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.